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SMDM Project

The document outlines three problems: 1) Analyzing wholesale customer data to identify highest/lowest spending regions/channels, item variability, outliers, and recommendations. 2) Analyzing student data from Clear Mountain State University to construct contingency tables for gender vs major/intentions/employment/computer ownership, calculate probabilities, and assess independence and normal distributions. 3) Comparing types of shingles to determine best options.

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Ankit Sharma
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0% found this document useful (0 votes)
2K views16 pages

SMDM Project

The document outlines three problems: 1) Analyzing wholesale customer data to identify highest/lowest spending regions/channels, item variability, outliers, and recommendations. 2) Analyzing student data from Clear Mountain State University to construct contingency tables for gender vs major/intentions/employment/computer ownership, calculate probabilities, and assess independence and normal distributions. 3) Comparing types of shingles to determine best options.

Uploaded by

Ankit Sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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SMDM PROJECT

PROBLEM 1-Wholesale Customers Analysis

PROBLEM2-Clear Mountain State University (CMSU)

PROBLEM 3-A & B shingles

PROBLEM 1-Wholesale Customers Analysis


1.1 Use methods of descriptive statistics to summarize data. Which Region and
which Channel spent the most? Which Region and which Channel spent the
least?

1.2 There are 6 different varieties of items that are considered. Describe and
comment/explain all the varieties across Region and Channel? Provide a
detailed justification for your answer.

1.3 On the basis of a descriptive measure of variability, which item shows the
most inconsistent behaviour? Which items show the least inconsistent
behaviour?

1.4 Are there any outliers in the data? Back up your answer with a suitable
plot/technique with the help of detailed comments.

1.5 On the basis of your analysis, what are your recommendations for the
business? How can your analysis help the business to solve its problem? Answer
from the business perspective

CONFIDENTIAL DATA: GREAT LAKES LEARNING


CONFIDENTIAL DATA: GREAT LAKES LEARNING
CONFIDENTIAL DATA: GREAT LAKES LEARNING
CONFIDENTIAL DATA: GREAT LAKES LEARNING
CONFIDENTIAL DATA: GREAT LAKES LEARNING
PROBLEM2-Clear Mountain State University (CMSU)
2.1. For this data, construct the following contingency tables (Keep Gender as
row variable)
2.1.1. Gender and Major
2.1.2. Gender and Grad Intention
2.1.3. Gender and Employment
2.1.4. Gender and Computer
2.2. Assume that the sample is representative of the population of CMSU. Based
on the data, answer the following question:
2.2.1. What is the probability that a randomly selected CMSU student will be
male?
2.2.2. What is the probability that a randomly selected CMSU student will be
female?
2.3. Assume that the sample is representative of the population of CMSU. Based
on the data, answer the following question:
2.3.1. Find the conditional probability of different majors among the male
students in CMSU.
2.3.2 Find the conditional probability of different majors among the female
students of CMSU.
2.4. Assume that the sample is a representative of the population of CMSU. Based
on the data, answer the following question:
2.4.1. Find the probability That a randomly chosen student is a male and intends
to graduate.
2.4.2 Find the probability that a randomly selected student is a female and does
NOT have a laptop. 
2.5. Assume that the sample is representative of the population of CMSU. Based
on the data, answer the following question:
2.5.1. Find the probability that a randomly chosen student is a male or has full-
time employment?
2.5.2. Find the conditional probability that given a female student is randomly
chosen, she is majoring in international business or management.
2.6.  Construct a contingency table of Gender and Intent to Graduate at 2 levels
(Yes/No). The Undecided students are not considered now and the table is a 2x2
table. Do you think the graduate intention and being female are independent
events?
2.7. Note that there are four numerical (continuous) variables in the data set, GPA,
Salary, Spending, and Text Messages.
Answer the following questions based on the data
2.7.1. If a student is chosen randomly, what is the probability that his/her GPA is
less than 3?
2.7.2. Find the conditional probability that a randomly selected male earns 50 or
more. Find the conditional probability that a randomly selected female earns 50 or
more.

CONFIDENTIAL DATA: GREAT LAKES LEARNING


2.8. Note that there are four numerical (continuous) variables in the data set, GPA,
Salary, Spending, and Text Messages. For each of them comment whether they
follow a normal distribution. Write a note summarizing your conclusions.

CONFIDENTIAL DATA: GREAT LAKES LEARNING


CONFIDENTIAL DATA: GREAT LAKES LEARNING
CONFIDENTIAL DATA: GREAT LAKES LEARNING
CONFIDENTIAL DATA: GREAT LAKES LEARNING
CONFIDENTIAL DATA: GREAT LAKES LEARNING
CONFIDENTIAL DATA: GREAT LAKES LEARNING
CONFIDENTIAL DATA: GREAT LAKES LEARNING
CONFIDENTIAL DATA: GREAT LAKES LEARNING
CONFIDENTIAL DATA: GREAT LAKES LEARNING
X
ANKIT SHARMA

CONFIDENTIAL DATA: GREAT LAKES LEARNING

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